By: Benzinga
Loeb's Third Point Earns Fast Profits in Herbalife
Dan Loeb's hedge fund Third Point LLC has already made some very fast paper profits on its stake in multi-level marketer Herbalife (NYSE: HLF ). Loeb purchased his 8.2 percent stake in the embattled company at roughly $32 according to The New York Post. All told, the hedge fund
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